丰业银行美股招股说明书(2026-06-02版)

The Bank of Nova ScotiaSenior Note Program, Series A Equity Linked Securities Linked to thelowest performingof the common stock of Microsoft Corporation, the common stock of Oracle Corporation and the common stock of Tesla, Inc. (each referred to asan “Underlying Stock”)Unlike ordinary debt securities, the securities do not pay interest, do not repay a fixed amount of principal at maturity and are subject to potential automatic call upon the terms described below. Whether the securities are automatically called for a fixed call premium or, if not automatically called, the maturity payment amount, will depend, in each case, onthe stock closing price of the lowest performing Underlying Stock on the relevant call date. The lowest performing Underlying Stock on any call date is the Underlying Stock thathas the lowest stock closing price on that call date as a percentage of its starting price Automatic Call.If the stock closing price of the lowest performing Underlying Stock on any call date is greater than or equal to its call threshold price, the securities will beautomatically called for the face amount plus the call premium applicable to that call date. The call threshold price for each Underlying Stock is equal to 80% of its starting price. Thecall premium applicable to each call date is a percentage of the face amount that increases for each call date based on a simple (non-compounding) return of approximately 22.65%per annum. Please see "Terms of the Securities — Call Dates and Call Premiums" below for the call dates and call premiums. Maturity Payment Amount.If the securities are not automatically called, you will receive a maturity payment amount that could be greater than or less than the face amountdepending on the stock closing price of the lowest performing Underlying Stock on the final calculation day as follows: If the stock closing price of the lowest performing Underlying Stock on the final calculation day is less than its call threshold price, but greater than or equal to its threshold price,you will receive the face amount of your securities plus a positive return equal to the absolute value of the percentage decline in the price of the lowest performing UnderlyingStock from its starting price to its ending price, which will effectively be limited to a positive return of 50% If the stock closing price of the lowest performing Underlying Stock on the final calculation day is less than its threshold price, you will have full downside exposure to thedecrease in the price of the lowest performing Underlying Stock on the final calculation day from its starting price, and you will lose more than 50%, and possibly all, of the faceamount of your securitiesThe threshold price for each Underlying Stock is 50% of its starting price If the securities are automatically called, thepositive return on the securities will be limited to the applicable call premium, even if the stock closing price of the lowest performingUnderlying Stock on the applicable call date exceeds its starting price by significantly more than the percentage represented by such call premium.If the securities are notautomatically called, the potential positive return on the securities from the absolute value of the percentage decline of the price of the lowest performing Underlying Stock will belimited to 50%Investors may lose a significant portion, or all, of the face amount Your return on the securities will depend solely on the performance of the Underlying Stock that is the lowest performing Underlying Stock on each call date. You will not benefit inany way from the performance of a better performing Underlying Stock. Therefore, you will be adversely affected if any Underlying Stock performs poorly, even if the otherUnderlying Stocks perform favorably All payments on the securities are subject to the credit risk of The Bank of Nova Scotia (the “Bank”) No periodic interest payments or dividends on any Underlying Stock The estimated value of the securities as determined by the Bank as of the pricing date is $902.64 (90.264%) per security. See “The Bank's Estimated Value of the Securities” in thispricing supplement for additional information. The securities have complex features and investing in the securities involves risks not associated with an investment in conventional debt securities. See “Selected Risk Considerations”beginning on page P-10 herein and “Risk Factors” beginning on page PS-3 of the accompanying product supplement, beginning on page S-2 of the accompanying prospectussupplement and on page 8 of the accompanying prospectus. Scotia Capital (USA) Inc., our affiliate, has agreed to purchase the securities from the Bank for distribution to other registered broker dealers including Wells Fargo Securities, LLC(“WFS”). Scotia Capital (USA) Inc. or any of its affiliates or agents may use this pricing supplement in market-making transactions in securities after their initial sale. If you arebuying securi